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Extraordinary City-Fringe Landholding With Income

68-102 Alfred Street, NORTH MELBOURNE VIC, 3051

For Sale

Property for Sale in 68-102 Alfred Street, NORTH MELBOURNE VIC, 3051

Listing ID:
11324262
Status:
Active
For:
Sale
Last Updated:
09/01/2019
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Property Type

Land/Development/Land/Development/Offices
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Land Area

6677 SQM
Icon size

Floor Area

6634 SQM
Icon parking

Parking

N/A

Extraordinary City-Fringe Landholding With Income

Savills is delighted to offer for sale this enormous landholding, providing an outstanding investment/land bank opportunity, with unprecedented future development potential.

Key features of this outstanding opportunity include:
- Enormous landholding of 6,677sq m*
- 105m* frontage to Alfred Street
- Flexible Mixed Use Zone
- Significant height potential of up to 12 levels with prospective Melbourne CBD views
- Development scheme prepared by renowned ‘Hayball Architects’
- High quality existing building returning $322,788 per annum net*
- Huge rental upside potential
- Situated just moments from Flemington Road/Racecourse Road trams and Flemington Bridge Train Station
- Within walking distance to Royal Park, Melbourne University and Melbourne’s medical precinct
- Situated just 2.5km* from Melbourne’s CBD and Queen Victoria Market, with direct tram access along Flemington Road

This is an incredibly rare opportunity to acquire such a significant landholding, ideally positioned in North Melbourne and central to Royal Park, Melbourne’s medical precinct and Melbourne University, all accessible via Flemington Road trams.

For Immediate Private Sale

Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

*Approx.

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000


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